Dear Valued NYSSCPA Member,
Most payment processors employ a 3 “tiered” pricing structure.  The processors commonly refer to these tiers as, “Qualified, Mid-qualified and Non-qualified” transactions. They may also replace Mid-Qualified with “Rewards cards” and Non-Qualified with “Corporate or Business cards”. The Bankcard Associations (Visa / MC) have established more then 300 different interchange rates, which is the processor’s cost for each card. The processor that provides your merchant account must account for enough profit to ensure you are not being charged less than Interchange (his cost). Most often, these margins are skewed by the processor to realize significant profits and cost you, the CPA more!

NYSSCPA AND CARDCHOICE Interchange “Plus” Pricing, eliminates Mid and Non-qualified transaction fees.  The value of Interchange “Plus” includes :

Interchange “Plus” Pricing shows the CPA the Actual Bankcard Association costs for processing each Visa /MC card type.

Interchange "Plus" Pricing is the pricing method preferred by the largest national retailers.

Interchange "Plus" Pricing eliminates Mid and Non-Qualifyied Surcharges Fees!!!!

This pricing model ensures there are No Hidden Surcharges!!!!

No Double Billing….Each transaction is charged the exact interchange rate and billed at the true card cost.

Interchange “Plus” Pricing utilizes the “Dollar Cost Averaging” approach.  This ensures that merchants better understand how Bankcard Association Interchange rates impact their bottom line.

 “Dollar Cost Averaging” controls your effective rate by balancing the lower cost cards and the higher cost cards. Effectively, the CPA will pay significantly less than a 3 Tiered pricing model.

 NATIONAL INTERCHANGE PASS-THROUGH PRICING EXCLUSIVE TO NYSSCPA MEMBERS WITH NO MONTHLY PROCESSING MININUM.
Click Here for Most Common Interchange Rates ( Actual Card Cost )